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45. Harry bought preferred noncumulative stock on which there were no dividends declared for the year. What is true of the dividends that were promised
45. Harry bought preferred noncumulative stock on which there were no dividends declared for the year. What is true of the dividends that were promised but not paid? a. b. C. d. They will be paid the next year. They will be paid upon the next declaration of dividends. They will be paid out of the common stock dividend fund. They will not be paid
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